Common Contracts
1 similar Residential Real Estate Listing Agreement contracts
Residential real estate listing agreement exclusive right to leaseResidential Real Estate Listing Agreement • October 27th, 2021
A Texas listing agreement is a legal document that is executed by a landlord and a real estate broker in which the broker is given the authority to sell or rent the landlord’s property for a commission. The agreement form must describe the property and its location, the listing price, the obligations of the broker and the seller, the broker’s fee and the broker’s fee and the expiration date. A seller and a broker will often enter into an exclusive listing agreement, which gives the broker exclusive authority to sell the property on behalf of the owner. Alternatively, the broker can accept an open listing agreement (also known as “non-exclusive” agreement), which allows the owner to hire more real estate agents for the sale of the property, paying only the commission for the successful broker. Form of Agency Disclosure (§ 1101.558) â ̈ ̈”The disclosure of an agent’s duties must be submitted to a seller at first (1 °) contact. Double agency (§ 1101.559 & 1101.561) is “illegal in Texas,
